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Smith Midland (SMID) capital expenditures by quarter

Smith Midland's capital expenditures were $1.6M in Q1 2026 (first quarter 2026), -59% from Q4 2025. Over the last 5 quarters it ranged from $595K (Q1 2025) to $5.4M (Q3 2025).

Smith Midland capital expenditures by quarterSmith Midland capital expenditures by quarter$595KQ1 2025$1.9MQ2 2025$5.4MQ3 2025$4.0MQ4 2025$1.6MQ1 2026
QuarterCapital expendituresQ/QY/Y
Q1 2026$1.6M-59%+174%
Q4 2025$4.0M-26%—
Q3 2025$5.4M+180%—
Q2 2025$1.9M+223%—
Q1 2025$595K——

Q1 2026 at a glance

Smith Midland, Q1 2026: revenue $21.6M (-5% year over year), operating margin 8.0%, net earnings $1.3M, operating cash flow $3.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smith Midland's capital expenditures?

Smith Midland's capital expenditures were $1.6M in Q1 2026 (first quarter 2026), -59% from Q4 2025.

How has Smith Midland's capital expenditures changed?

Over the last 5 quarters it ranged from $595K (Q1 2025) to $5.4M (Q3 2025).

Q1 2026 results → · How Smith Midland makes money →